Diversity brings big businesses new ideas, and many corporations are keen to take part for CSR purposes.
‘Diversity' could also allude to gender, but we concentrate on ethnic diversity.
Is supplier diversity an issue of growing prominence?
Thirty-two per cent of businesses in London are owned by ethnic minorities, most of them being small black and minority ethnic businesses (SBMEs). There are many opportunities for them to win contracts with big businesses, particularly ahead of London 2012.
Who reads the magazine?
Our subscribers are SBMEs and large organisations. They want to work together, but big organisations often complain they cannot find small providers who can sustain goods and services. So our articles ask big businesses not to exclude smaller-turnover companies from procurement, and aim to ensure SBMEs have advice on improving their business and knowledge of procurement. We also run networking events, and have an online forum.
How can PROs help?
Crucially we are interested in hearing about the success stories of SBMEs, and are keen to talk to big organisations about their diversity policies. We are also interested in anything that affects small businesses – how to get finance for training, or new legislation, for instance.
How can companies – big and small – take part in your networking events?
All subscribers can register to attend the events, which are around once a month. We also need venues and speakers – PricewaterhouseCoopers hosted our first event last month.